Whole Foods‘ shareholders are preparing to vote on Wednesday to approve the one of the most-talked-about acquisition of the year. As Amazon looks to seal the deal, once approvals are finalized, the internet giant will go from operating a handful of Amazon-branded book stores and a pilot Amazon Go location in Seattle, to having more […]
Read moreThe United States should “immediately correct its mistake” of imposing unilateral sanctions on Chinese companies and individuals to avoid damaging bilateral cooperation, a Chinese embassy spokesman said on Tuesday. Washington announced new North Korea-related sanctions on Tuesday, targeting Chinese and Russian firms and individuals for allegedly facilitating Pyongyang’s weapons programs. “China opposes unilateral sanctions out […]
Read moreWells Fargo raised its year-end S&P 500 price target citing strong overseas growth and strong second-quarter earnings. The new forecast still calls for lower prices from here. “Earlier this year, we had concerns that investors might fret over potential for a 2018 pickup in inflation and interest rates,” wrote Paul Christopher, Wells Fargo’s head global […]
Read moreAs the Jackson Hole Economic Policy Symposium nears, two strategists are watching the Federal Reserve’s approach to balance-sheet reduction for its potential impact on the markets. The main worry for UBS chief investment strategist Mike Ryan is a disorderly shedding of assets from the Fed. “The concern has always been that they’d do it in […]
Read moreA turnaround for Chipotle shares is nowhere sight, according to one Wall Street firm. Deutsche Bank lowered its price target and reiterated its sell rating for stock of the burrito restaurant chain, saying it doesn’t deserve a premium valuation anymore because of the company’s lack of progress recovering from food safety issues that arose in […]
Read moreAs we enter the thick of back-to-school season, companies are discounting school supplies and kids are packing up to return to the dorms. No matter who you are or what school you attend, there are numerous apps that can help your college life feel a little easier and less stressful. Some of the better ones […]
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The new camera on the Galaxy Note 8 will reportedly outdo even the Galaxy S8 (which features one of the best cameras on the market). The new camera may allow for portrait-style shots that other phones, such as the iPhone 7 Plus, already offer. As in the case of the Essential phone (pictured above), dual […]
Read moreThe solar eclipse eclipsed the Super Bowl. On Monday, more than 66 million people commented, posted and reacted to the solar eclipse on Facebook, according to data from the social media giant. That’s about 2 million more than the 64 million people who were talking about the 2017 Super Bowl on the site. Billionaire Facebook […]
Read moreAfter the August 12th hate rally in Charlottesville, online platforms that have long tolerated or ignored white supremacists are very publicly kicking them off. The crackdown spans a broad range of sites and apps, some of which are household names, like Uber, Facebook, and Spotify. But some of the most notable companies to purge their […]
Read moreGoogle’s Chromebooks have made inroads in the education market, so much that Microsoft has built its own Windows laptop to compete with them. Now Google looks keen to take share in Microsoft’s real stronghold: big companies. On Tuesday Google is launching Chrome Enterprise, a service that will give IT admins inside enterprises the ability to […]
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